Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent global oversupply and a bleak ... Read More
Foreign-exchange reserves drop to a nearly three-year low, contributing to the largest yearly decline ever China’s hoard of foreign-exchange reserves continued to shrink in December, recording the biggest monthly ... Read More
According to the sources, the share of Russian reserves in yuan in the near future will remain small and symbolic Russia’s Central Bank has added the Chinese yuan to ... Read More
Currency may extend slide toward $1.03, Mizuho’s Karakama says ECB to boost stimulus Dec. 3, Bloomberg economist survey shows The euro headed for its biggest monthly decline since March ... Read More
Provision for customers takes Barclays’ legal bill to £2.3bn in nine months, as critics say latest move does little to restore company’s tarnished reputation Barclays is embroiled in yet another ... Read More
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had ... Read More
Europol has said in a new report that it believes bitcoin could become the go-to currency for digital criminals in the region. The European Union’s top law enforcement agency released its ... Read More
Multi-currency offshore platform Novia Global is ready to go live at the end of the month, offering a streamlined system for advisers serving expats across different jurisdictions. The platform ... Read More
The dollar touched an almost two-week high against a basket of major currencies on Tuesday after comments from Federal Reserve officials revived expectations that U.S. interest rates will still ... Read More
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter ... Read More
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